Thursday, March 21, 2019 8:22:36 AM
ParcelPal Achieves Milestone of Two Million Deliveries
ParcelPal Technology Inc. ("ParcelPal" or the "Company"), (CSE: PKG) (FSE: PT0) (OTC: PTNYF) – is pleased to announce that the company has achieved a major milestone of completing more than 2 million deliveries.
This significant achievement shows the growth and further validation that ParcelPal is well on their way to becoming the most diverse and top on-demand delivery company in Canada and soon the United States. ParcelPal's go forward plan includes continuing to expand their technology, complete more symbiotic join ventures and to push the platform on multiple consumer verticals, while rapidly expanding their service across Canada and the United States.
Additionally, the Company is in the final stages of launching medical and recreational cannabis delivery with Choom and Kiaro. This delivery initiative is expected to commence in April 2019 (further details will follow) and anticipated to open new markets and drive additional users to the platform.
President and CEO Kelly Abbott states, "We are extremely excited to have achieved this major milestone. Our growth in 2018 was tremendous and our team has grown significantly. We are looking forward to a successful rollout in the cannabis industry amongst other verticals in the coming months across Canada with existing and future partnerships."
Additionally, ParcelPal Technology Inc. has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities. In consideration of the services to be provided, the monthly fees incurred by ParcelPal Technology Inc. will be a cash consideration of up to $5,000 CAD, starting April 1st, 2019 for a period of six months ending on September 30th , 2019 and monthly thereafter. Renmark Financial Communications does not have any interest, directly or indirectly, in ParcelPal Technology Inc. or its securities, or any right or intent to acquire such an interest.
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